priceaction

ETH ETF Inflows Up, Price Down? Decoding the Disconnect!

ETH ETF Inflows Up, Price Down? Decoding the Disconnect!

The world of crypto is rarely straightforward. Miles O’Connor, seasoned crypto analyst and voice of BlockOpulent.com, dives deep into a perplexing trend: ETH exchange-traded fund (ETF) inflows are surging, yet the price isn't mirroring that enthusiasm. What gives? It's a question that demands a nuanced understanding of Ethereum's unique ecosystem,...

Ethereum Breaks $2,800 Resistance, Market Dominance Surges

Ethereum Breaks $2,800 Resistance, Market Dominance Surges

Ethereum chalked up a significant comeback, overcoming the $2,800 resistance level which it has been struggling to overcome for months. This most recent increase represents a critical breakthrough for the cryptocurrency. It commanded a 10% market share for the first time since 2020. This shows a strong emerging trend for...

Bitcoin Price Dips Amidst $85,000 Resistance

Bitcoin Price Dips Amidst $85,000 Resistance

Bitcoin (BTC) is going through a tough time right now, facing ongoing resistance at the $85,000 mark. The cryptocurrency has been on a bearish trend, failing to regain bullish momentum. A few weeks of price action later and we’re looking at the possibility of a bearish retest to lower support...

SEC Delays Staking Decision, Ethereum Price Faces Resistance

SEC Delays Staking Decision, Ethereum Price Faces Resistance

Ethereum (ETH) is showing surprising strength, up 2% on Monday. Yet, it now stands at a new test as the SEC delays its verdict on allowing staking in spot Ether ETFs. The price is getting close to a major descending trendline resistance, and analysts are expecting it to receive a...